24-70 John Start Hwy Newport, NH 03773
Sugar River Plaza, a 119,359 square foot retail center in Newport, NH, offers exceptional opportunities for businesses seeking high-traffic locations. Strategically situated on John Stark Highway (Routes 103 and 11), this dominant retail center is the largest in the Sunapee Lakes Region. Three spaces are currently available, ranging from 1,600 to 8,052 square feet, providing flexibility for various retail, restaurant, office, or service businesses. The plaza boasts a strong anchor tenant in Shaw's Supermarket, the only grocery store within a seven-mile radius, ensuring consistent foot traffic. A newly constructed Ocean State Job Lot further enhances the center's appeal. Newport's vibrant tourism industry, fueled by the proximity to Lake Sunapee and Mount Sunapee, draws significant seasonal and weekend visitors. Outdoor enthusiasts will appreciate the area's extensive network of hiking, biking, running, and snowmobile trails, exceeding 20 miles. Year-round community events, including Concerts in the Commons and Movies in the Park, add to the lively atmosphere and attract residents and tourists alike. This property presents a unique chance to establish a presence in a thriving community with a strong retail base and a robust tourism sector. Located in Sullivan County, the property's address is 24-70 John Stark Highway, Newport, NH 03773.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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